Real Estate
In addition to these stories, check out our real estate data tool for agricultural, commercial, manufacturing, and multi-family real estate transactions over the past 30 days.
Report: Milwaukee has biggest drop in apartment rental rates of major U.S. metro areas
Median monthly rents for apartments in the metro Milwaukee area fell 9.8% in July, year-over-year, the steepest decline of the largest 50 metro areas in the nation, according to a new report from Seattle-based real estate brokerage Redfin.
Cost of Wisconsin Center expansion project grows to $456 million
The Wisconsin Center District Board on Friday approved issuing $20 million in additional long-term debt, and a mix of other financing measures, to cover what is projected to be $36 million overrun in the budget for the Wisconsin Center expansion project.
Food-centric Maker’s Row development moving forward near West Allis Farmers Market
Milwaukee-based Mandel Group is planning a three-building food-centric development along South 66th Street in West Allis for restaurants, food production and retail use.
Plans for hundreds of new homes, apartments approved in Mount Pleasant
Mount Pleasant officials on Wednesday backed a plat and two site plan applications for housing developments that should result in the construction of hundreds of new homes, apartments, and condominiums in the village.
Fox Point apartment complex sold for $27.5 million
An affiliate of Bayside-based Katz Properties, Inc. has purchased the sprawling Foxcroft Apartments complex in Fox Point for $27.5 million.
Bartolotta to open new restaurant at former Seven Seas building on Nagawicka Lake
Waukesha County's Lake Country next summer will be home to the newest fine dining concept by Milwaukee-based Bartolotta Restaurants.
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Irgens reveals development plans for former Boston Store site at Brookfield Square mall
Commercial real estate development firm Irgens this week disclosed its redevelopment plans for the 16-acre former Boston Store site at Brookfield Square mall.
Milwaukee investor purchases Kenosha apartment complex for $20.4 million
Milwaukee-based Metropolitan Associates has purchased the sprawling Westchester Apartments complex in Kenosha for $20.4 million, according to a real estate transfer record posted by the state this week.
Recent real estate transaction announcements – 8/17/22
Sales
JLL:
JLL Capital Markets announced that it has closed the sale of Bevy Apartments, a brand-new, 175-home apartment and townhome community...
Developer could get loan extension for hotel project at former Sears building on Milwaukee’s near northwest side
The developer still pursuing plans to transform a former Sears building on Milwaukee’s near northwest side into a boutique hotel could get another year to begin paying back a $4 million loan city loan for the project as part of a tax incremental financing district for the site.